The EU has reportedly issued a formal warning to Microsoft over the Activision Blizzard deal
by Jay Peters from The Verge - All Posts on (#68GQY)
It's more regulatory pressure on the deal. | Illustration by Alex Castro / The Verge Microsoft is seemingly facing more regulatory opposition to its proposed acquisition of Activision Blizzard. According to Politico, the European Union has issued a formal antitrust warning against Microsoft regarding the $68.7 billion deal.
Politico didn't share exact details about the contents of the warning, but the publication says that in a statement of objections," EU officials laid out the reasons why the deal could threaten fair competition on the video game market."
In a statement to The Verge, Microsoft spokesperson David Cuddy said, We are committed to solutions and finding a path forward for this deal. We are listening carefully to the [European Commission's] concerns and are confident we can address them." The EU didn't...